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Tunisie Telecom picked as preferred bidder for Malta's Go

2016-05-24 16:15:00| Telecompaper Headlines

(Telecompaper) Malta operator Go has selected Tunisie Telecom as the preferred bidder to take over the company. Batelco was the other known company that offered to buy Go. Go said in a statement that the Tunisian operator offered EUR 2.87 per share for the company. This is slightly above the company's recent trading range but below a high of EUR 3.60 per share in the past year. Go's largest shareholder is Dubai-based Emirates International Telecommunications, with a 60 percent stake. EIT is also a shareholder in Tunisie Telecom. The latter confirmed its offer for Go and said it expects significant synergies from combining with the Maltese operator. 

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Tunisie Telecom stake attracts 13 bidders

2013-06-27 07:53:00| Telecompaper Headlines

(Telecompaper) The 35 percent Tunisie Telecom stake put up for sale by Emirati International Telecomunications (EIT) has attracted at least four bidders, ICT minister Mongi Marzouk announced on radio station Express FM. Turkcell and Etisalat will compete against another Turkish company and a Korean one, he said. Application criteria include being a fixed or mobile operator, as the government's aim is "to realise more added value for Tunisie Telecom, in terms of developing services, technologies and strategic choices". Ahmed ben Hussien, an official in the Ministry of Communications, told Reuters that there are 13 companies which expressed interest in buying the stake, including six international companies. He said these include Turkcell and Turk Telekom, Korea Telecom, Etisalat and two others from China.

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